Market Overview

Investors are cautious ahead of key US inflation data. Relations between the US and China are deteriorating again

2023.08.10
The US expected inflation indicator, closely watched in the bond market, rose to a nine-year high, signaling that inflationary pressures could return with renewed vigor and the Federal Reserve may con...
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China is experiencing deflation. Moody's downgraded the credit ratings of US banks

2023.08.09
Moody's downgraded the credit ratings of several small and mid-sized US banks and said it may downgrade some of the nation's largest lenders.
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Bundesbank stops paying interest on government deposits. China's trade balance disappointed investors

2023.08.08
Warren Buffett's Berkshire Hathaway (BRK) reported better-than-expected quarterly results on the back of strong results from its insurance companies, sending its share price up more than 3% on the rep...
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Week's main events (August 07 – August 11)

2023.08.07
US Inflation data will remain central topics for investors this week
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The Bank of England raised the interest rate by 0.25%. Volatility in the markets decreased ahead of the important labor market report NFP

2023.08.04
The monthly Nonfarm Payrolls labor market report will be released in the United States today.
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Fitch Ratings downgraded the US credit rating to AA+. A resilient US labor market fuels the dollar

2023.08.03
The US stock indices fell sharply yesterday on the back of strong labor market data and as Fitch Ratings downgraded the US credit rating.
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The RBA left the interest rate unchanged again. Rising oil prices boost energy sector growth

2023.08.01
Energy stocks are rising on the back of Chevron's upgrade.
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